JCI’s movement this week will be influenced by the fairly packed scheduled release of domestic economic data. Investors will be watching the Manufacturing PMI data which was at its highest last month, as well as the inflation rate growth in Ramadhan. On Tuesday (05/04), BPS will announce the Q1/21 economic growth, which the consensus project to contract in the range of -1%. Towards the end of the week, the market will be waiting for the release of Foreign Exchange Reserves for April 2021.
Download full report HERE.